Gold recovers on heavy buying, silver extends gain
Standard gold spurts by Rs 215 per 10 gm to end at Rs 27,365, Silver ready strengthened by Rs 135 to finish at Rs 46,410 per kg
 "Gold recovers on heavy buying, silver extends gain")
Gold prices recovered smartly at the domestic bullion market here today on heavy demand from stockists and investors amid good marriage seasonal offtake.
Silver extended its gains following hectic speculative buying on the back of higher industrial demand.
Standard gold of 99.5 per cent purity spurted by Rs 215 per 10 gm to end at Rs 27,365 from last Saturday's closing level of Rs 27,150.
Silver ready (.999 fineness) strengthened by Rs 135 to finish at Rs 46,410 per kg as against Rs 46,275 last weekend.
In overseas, gold moved up on positive speculative buying, though it came under pressure on previous session following rise in US employment data.
In Europe, spot gold was bid up at $1,473.66 an ounce in early trade and silver was bid higher at $24.11 an ounce.
Silver extended its gains following hectic speculative buying on the back of higher industrial demand.
Standard gold of 99.5 per cent purity spurted by Rs 215 per 10 gm to end at Rs 27,365 from last Saturday's closing level of Rs 27,150.
Also Read
Pure gold of 99.9 per cent purity also rose by Rs 210 per 10 gm to conclude at Rs 27,495 from Rs 27,285.
Silver ready (.999 fineness) strengthened by Rs 135 to finish at Rs 46,410 per kg as against Rs 46,275 last weekend.
In overseas, gold moved up on positive speculative buying, though it came under pressure on previous session following rise in US employment data.
In Europe, spot gold was bid up at $1,473.66 an ounce in early trade and silver was bid higher at $24.11 an ounce.